1) In each of the following separate cases at least one of the assumptions or concepts of the accounting conceptual framework has been violated. < Required:* < Please identify accounting assumption(s) or concept(s) violated in each case. < 1. The owner of Landy's Lawn Mowing bought a lawn mower for his own use. He paid for the lawn mower by writing a cheque on Landy's Lawn Mowing's account. He instructed the bookkeeper to debit the "Equipment" account and credit the "Cash at Bank" account of Landy's Lawn Mowing for the amount paid for the lawn mower. < < < < 2. The entire cost of a piece of equipment is charged to an expense account in the year the equipment was bought. < 3. Because profit for the year was extremely small, no entry was done to make an allowance for doubtful debts (taking into consideration potential bad debts). < < 4. at the rate of one twentieth (5%) per annum. In the present year, the current cost of the building increased dramatically. This caused the accountant to double the depreciation expense. Q2) < a) Identify the two methods of recording inventory transactions and how you can differentiate between the two by identifying the accounts in the trial balance. < b) Which inventory method provides the higher gross profit figure? Explain which inventory. system provides the most information for inventory control purposes